Parliamentary Finance: The government cannot exchange any dinars against Corona
08:33 - 03/28/2020
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The information / Baghdad ..
The Parliamentary Finance Committee confirmed, on Saturday, that the government cannot spend any amount against the Corona virus due to the end of the fiscal year, indicating that the government has the right to disburse donation funds to counter Corona.
Committee member Ahmed Hama said in a statement to "Information" that "Law 12/1 (Financial Management) does not give the government the authority to spend any dinars except for employee salaries," noting that "the government cannot spend any money as an emergency payment in the face of Corona."
Hama added, "The most appropriate solution for the time being is to collect donations from banks and businessmen and from the three presidencies to collect sufficient funds to confront Corona or wait for the new government and present the budget, but it needs a long time."
Hama pointed out that "failure to form a government and agree to pass the budget will lead to a stifling economic crisis, especially with the drop in global oil prices." Finished / 25 d